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What is ZELIX (ZELIX)?

ZELIX is an ERC20 token built on the Ethereum blockchain that powers a decentralized multi-metaverse platform. The project aims to connect multiple metaverse environments into a single cohesive ecosystem, allowing users to move across interconnected virtual worlds rather than being confined to one. ZELIX leverages virtual reality (VR), augmented reality (AR), facial recognition technology, and advanced VR gaming to deliver immersive digital experiences. The platform places strong emphasis on NFTs, enabling users to acquire unique digital assets such as digital art, collectibles, and virtual real estate through participation in metaverse activities. The token has a maximum supply of 10 billion ZELIX, with approximately 7.45 billion in circulation. ZELIX launched in August 2023 and was founded in Lviv, Ukraine. The project was formerly known as ONSTON before rebranding and migrating to a new contract address.

Key Specifications & Tokenomics

• Name: ZELIX
• Symbol / Ticker: ZELIX
• Blockchain: Ethereum (ETH)
• Token Standard: ERC20
• Contract Address: 0x0257ffd7ea2ebba4aaa090c7adbdd032a08c1f74
• Decimals: 18
• Launch Date: August 18, 2023
• Listing Date: October 12, 2023
• Total Supply: 10,000,000,000 ZELIX
• Max Supply: 10,000,000,000 ZELIX
• Circulating Supply: 7,453,444,400 ZELIX
• Reserved Supply: 2.55 billion ZELIX
• Monthly Inflation: 0%
• Yearly Inflation: 0%
• Explorer: etherscan.io
• Official Website: www.zelix.io

Token allocation includes dedicated wallets for ecosystem development, foundation reserves, marketing, partners, research and development, and rewards. The ecosystem wallet holds approximately 864.86 million ZELIX, while the foundation and R&D wallets each hold 450 million ZELIX. The reward wallet contains roughly 691.89 million ZELIX, and the partners wallet holds 87.5 million ZELIX.

Who created ZELIX?

The ZELIX team is composed of industry professionals and experts with backgrounds in blockchain and immersive technology. Oleh Nykoliak and Vlad Vereskun are named as cofounders of CodePillow and are associated with the ZELIX team. The project is operated by a funded company based in Lviv, Ukraine, founded in 2023. According to its LinkedIn profile, ZELIX is listed as a Blockchain Services Company with 11-50 employees and operates as a public company. The team is committed to building a secure and integrated multi-metaverse platform, drawing on expertise in virtual reality, augmented reality, and related technologies. Detailed public information about individual team members beyond these references is currently limited.

How does ZELIX work?

ZELIX functions as a decentralized multi-metaverse platform that integrates various metaverse environments into a unified ecosystem. Instead of limiting users to a single virtual world, ZELIX links multiple metaverses together so users can explore a variety of content seamlessly. The platform is built using VR and AR production know-how, facial recognition technology, and VR gaming capabilities. Within this ecosystem, the ZELIX token serves as the primary medium for transactions, governance, and asset acquisition. Users can participate in community interactions, acquire NFTs, and engage with digital economies across interconnected virtual worlds. The platform also supports a marketplace where digital assets can be traded and utilized, underpinned by the ZELIX token. This architecture is designed to foster community collaboration and provide a more immersive and cohesive experience for participants.

What makes ZELIX unique and valuable?

ZELIX distinguishes itself through its focus on interoperability among multiple metaverses rather than operating as a standalone virtual world. This interconnected approach allows users to enjoy a variety of content and experiences without being confined to a single platform. The integration of VR, AR, facial recognition, and advanced VR gaming technologies positions ZELIX at the intersection of several emerging digital trends. The platform's strong emphasis on NFTs provides users with tangible value through the acquisition of unique digital assets, ranging from digital art and collectibles to virtual real estate. Additionally, the ZELIX token underpins governance and transactions across the ecosystem, giving holders a role in shaping the platform's evolution. With zero inflation and a capped maximum supply, the tokenomics are designed to maintain scarcity over time. The project's Ukrainian origins and its rebranding from ONSTON reflect an adaptive approach to the evolving metaverse landscape.

What is ZELIX used for?

The ZELIX token serves multiple functions within the ZELIX Metaverse ecosystem. It is used for transactions, allowing users to buy, sell, and trade digital assets and services. The token also plays a governance role, empowering holders to participate in decisions that shape the ecosystem's development. Asset acquisition is another core use case, enabling users to purchase NFTs, virtual real estate, and other digital items across interconnected virtual worlds. ZELIX facilitates community interactions, serving as the lifeblood for engagement and collaboration within the platform. Additionally, the token underpins the ZELIX Metaverse Platform and Marketplace, providing the economic foundation for all activities. According to available information, users can acquire ZELIX through mining, affiliate programs, staking, and exchanging with other cryptocurrencies. The token is integral to the burgeoning digital economy that ZELIX aims to cultivate.

How Is the ZELIX ecosystem developing?

The ZELIX ecosystem is centered on building a decentralized multi-metaverse platform that integrates game, economy, culture, and communication platforms. The team is actively developing the infrastructure to connect various metaverses, leveraging VR and AR production expertise. Educational content, such as the "ZELIX Guide for Beginner" series published on Medium, supports community onboarding and understanding of the project. The platform maintains an active presence on social media and professional networks, including LinkedIn and Medium, to engage with its community. ZELIX has been listed on multiple price tracking platforms and exchanges, increasing its visibility within the broader cryptocurrency market. The project's rebranding from ONSTON and migration to a new contract address represent significant steps in its development timeline. As the metaverse sector continues to evolve, ZELIX aims to position itself as a connective layer that brings together disparate virtual worlds.

How to mine ZELIX?

ZELIX is an ERC20 token on the Ethereum blockchain, which utilizes a proof-of-stake consensus mechanism. As such, ZELIX cannot be mined through traditional proof-of-work mining. Instead, users can acquire ZELIX through staking, which involves holding and locking tokens to support network operations and potentially earn rewards. According to available information, other acquisition methods include participating in the affiliate program, exchanging other cryptocurrencies for ZELIX, and engaging in platform activities. Staking opportunities may be announced through official channels, and users interested in earning ZELIX should refer to the project's official communications for current options. The zero-inflation model means no new tokens are created through mining, and the total supply remains fixed at 10 billion ZELIX.

How to keep your ZELIX Coin safe?

Keeping ZELIX tokens safe begins with using a secure wallet that supports ERC20 tokens. Hardware wallets offer the highest level of security by storing private keys offline, away from potential online threats. Software wallets and browser extensions are convenient alternatives but should be sourced from official providers and kept updated. Users should always verify the official ZELIX contract address before interacting with any token or platform to avoid phishing scams and counterfeit tokens. Enabling two-factor authentication on exchange accounts and using strong, unique passwords adds an extra layer of protection. It is advisable to avoid sharing private keys or seed phrases with anyone and to be cautious of unsolicited messages or offers related to ZELIX. Conducting thorough research and staying informed about market trends and project updates is essential, as the cryptocurrency market is known for its volatility. Storing large amounts of tokens in cold storage and keeping only what is needed for active trading in hot wallets is a widely recommended practice.